Finovate Demo Video Archives

Free archive of every demo presented at Finovate since 2007

FinovateFall 2017 / Sensibill

Presenter Profile:

How they describe themselves: Sensibill works with the most innovative financial institutions to address their customers’ pain point of managing both paper and digital receipts. The solution easily integrates with digital banking channels to drive net new engagement in online and mobile banking, while unlocking deep transactional insights at the product level and across payment methods (including cash or other banks’ cards). Sensibill’s service is fully white-labelled, designed specifically to meet bank standards and requirements, and is already live with some of the largest financial institutions globally.

How they describe their product/innovation: Know your customers and grow your relationships with Sensibill’s new +Insights solution. Take action to increase product holdings, migrate spend onto your cards, and offer the right incentives at the right price. +Insights identifies revenue opportunities from on-and off-card purchase data, and returns a highly targeted prospect list to run in-app campaigns or more. It’s easy to use, accurate, and in real-time.

For years, Sensibill has been the market leader in processing receipts. Receipts data has unparalleled potential to enrich your customer profiles, pinpoint spend preferences, price-sensitivity, life events, and psychographics. Now, +Insights enables personalization at scale.

Product distribution strategy: Through financial institutions, through other fintech companies and platforms

HQ: Toronto, ON, CanadaFounded: October 2013Product Demoed: +InsightsProduct Launch: January 2018Metrics: Sensibill has raised $18.9 million dollars to date inclusive of a recent Series A. The solution is in-market with global FIs, and is supported by Sensibill’s 62 employees in Canada and the U.S. In aggregate, user adoption has exceeded the bank-set targets by 777%, and the number of receipts per active user by 526%.
Presenters: Corey Gross (CEO & Co-Founder), Jamie Alexander (CTO & Co-Founder)